IREN News and Press, Iris Energy Limited From 05/11/22

Iris Energy press release (NASDAQ:IREN): FQ3 Adjusted EBITDA of $7.33M. Revenue of $15.2M beats by $0.94M. Shares +0.29%. For further details see: Iris Energy FQ3 Adjusted EBITDA of $7.33M, Revenue of $15.2M

Key Highlights Revenue of $15.2 million (A$20.2 million) (+445% YoY) Adjusted EBITDA of $7.3 million (A$9.8 million) (+358% YoY) Adjusted EBITDA Margin of 48% (-9bp YoY) Cash flow from operations during the quarter of $4.6 million (A$6.1 million) IFRS NLAT of...

Iris Energy (NASDAQ:IREN) reported an increase of 13% in its mined bitcoin to 137 in April 2022 with monthly operating revenue of $5.4M (+6%). The company increased average operating hashrate to 1,038 PH/s, a 22% increase. Canal Flats achieved average monthly operating hashrate in April of 87...

Second operating site commissioned ahead of schedule at Mackenzie, BC Average operating capacity increases above 1.0 EH/s on track to 10 EH/s by early 2023 SYDNEY, Australia, May 05, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy”...

SYDNEY, Australia, May 02, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners (...

Crude oil closed April with a fifth consecutive monthly gain as supply challenges from Russia's war in Ukraine outweighed worries over demand tied to China's COVID-19 lockdowns. WTI futures (CL1:COM) for June delivery rose 2.6% for the week and 4.4% for the month to $104.69/bbl, while June na...

SYDNEY, Australia, April 13, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners...

Iris Energy (NASDAQ:IREN) closed a $71M equipment financing facility with NYDIG which is secured by 19.8K Bitmain S19j Pro miners. Quick look at key highlights for March: The company's ~10 EH/s total stock of miners remain unencumbered. Monthly operating revenue stood at $5.1M (+14%), 121 min...

US$71 million equipment financing facility closed with NYDIG 10% increase in Bitcoin mined and 14% increase in revenue SYDNEY, Australia, April 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Company”), ...

SYDNEY, Australia, April 04, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners...